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Global Trade Alert

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China: $49bn State fund established to promote Strategic Emerging Industries

Description

On the 12th of June, 2018, China's National Development and Reform Commission officially announced the establishment of a USD 48.8bn (CNY 300bn) fund to support the government's plans to boost 'strate...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

12 Jun 2018

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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